Lesley Springer Acquires Multifamily Property In Greenwood Heights For $915,000
236 26th Street, Greenwood Heights, Brooklyn, NY, USA
$915,000
$254/SF
Building Size
3,600 SF
Asset Type
MultiFamily
Closing
Sep 14, 2021
AI
The multifamily property located at 236 26th Street in Greenwood Heights has been sold for a total price of $915,000. The property consists of 6 units, with a price per unit (PPU) of $152,500. The total square footage of the property is 3,600, resulting in a price per square foot (PPSF) of $254.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $915,000
- Units: 6
- Price Per Unit: $152,500
- Square Footage: 3,600
- Price Per Square Foot: $254
Lesley Springer has acquired the property, while Chris Williams has sold it. The transaction was facilitated by Jerry Tenenbaum from Top Nest NY CRE.
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.34%
Cash-on-Cash
-4.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93